The global pet economy continues to thrive, presenting enormous growth opportunities in the pet supplies market.

According to the latest industry research, the global pet products market reached $296.8 billion in 2024 and is expected to maintain a compound annual growth rate (CAGR) of 5% from 2024 to 2031. North America leads the market with a size of $118.7 billion, accounting for over 40% of the global share.

In the U.S., 59.8% of households own a pet dog, and 42.1% own a pet cat. This high ownership rate is driven by increasing pet penetration and growing consumer demand for a higher quality of life for pets.

The trend isn’t limited to the U.S.; Southeast Asia is also becoming a hotspot for the pet economy. Cat ownership is growing rapidly in countries such as Thailand, Malaysia, and Indonesia, driving strong sales of cat-related products.

The booming pet economy opens new growth avenues for Chinese cross-border sellers. Brands such as PETKIT, Hooman, Birdsong, Petwant, PAPIFEED, and HoneyGuaridan have already gained traction in overseas markets.

As pets assume a more integral role in family life, demand for products in areas such as feeding, living, travel, cleaning, and entertainment continues to grow, providing broad opportunities for pet brands to expand internationally.

For sellers aiming to enter the global pet supplies market by 2025, understanding trends, conducting thorough market research, and familiarizing themselves with platform policies are essential.

Before entering new overseas markets, cross-border sellers must analyze consumer trends, key competitors, and preferences within the target region. Market data and cultural differences also necessitate localized adjustments to ensure success.

In conclusion, the global pet supplies market is poised for rapid growth, offering vast opportunities for businesses that innovate and adapt to local consumer needs.